(INN) Summit Hotel complete technical analysis [charts+indicators] | Buy/Sell Summit Hotel | (INN) share price targets
Complete technical analysis of Summit Hotel (INN) by charts plus indicators, forecast predictions and share price targets for Summit Hotel (INN)
Summit Hotel trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-10-01 View latest technical analysis
10 day averaged volume of Summit Hotel is 1011890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 6.91 | 6.86 | 6.96 | 6.76 | 0.793 times |
| 30 Mon Sep 2024 | 6.86 | 6.83 | 6.88 | 6.79 | 0.994 times |
| 27 Fri Sep 2024 | 6.87 | 6.98 | 7.00 | 6.86 | 0.628 times |
| 26 Thu Sep 2024 | 6.93 | 6.91 | 6.96 | 6.86 | 0.678 times |
| 25 Wed Sep 2024 | 6.84 | 6.97 | 6.97 | 6.82 | 0.958 times |
| 24 Tue Sep 2024 | 6.99 | 6.96 | 7.01 | 6.93 | 0.624 times |
| 23 Mon Sep 2024 | 6.96 | 7.06 | 7.08 | 6.90 | 1.176 times |
| 20 Fri Sep 2024 | 7.00 | 6.86 | 7.04 | 6.85 | 2.206 times |
| 19 Thu Sep 2024 | 6.97 | 6.68 | 6.98 | 6.66 | 1.061 times |
| 18 Wed Sep 2024 | 6.55 | 6.55 | 6.70 | 6.50 | 1 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.9, but if it comes below 6.9, then a intra day sell could be more profitable.
If you take a sell trade below 6.9, then use 6.9 as stoploss and 6.65 as target. However if you take a buy trade in stock , then use 6.9 as stoploss and 7.2 as target.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.94 |
| Downside Target | 6.18 |
| Downside Target | 6.76 |
| Downside Target | 6.82 |
| Downside Target | 6.83 |
| Upside Target | 6.96 |
| Upside Target | 6.97 |
| Upside Target | 7.04 |
| Upside Target | 7.08 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.79 |
| Downside Intraday Target | 6.68 |
| Upside Intraday Target | 6.99 |
| Upside Intraday Target | 7.08 |
| Downside Intraday Target | 6.88 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 6.91 | 6.83 | 6.96 | 6.76 | 0.44 times |
| 27 Fri Sep 2024 | 6.87 | 7.06 | 7.08 | 6.82 | 0.75 times |
| 20 Fri Sep 2024 | 7.00 | 6.47 | 7.04 | 6.40 | 1.727 times |
| 13 Fri Sep 2024 | 6.45 | 6.36 | 6.52 | 6.18 | 1.333 times |
| 06 Fri Sep 2024 | 6.39 | 6.73 | 6.83 | 6.38 | 2.921 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Summit Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 6.91 | 6.86 | 6.96 | 6.76 | 0.05 times |
| 30 Mon Sep 2024 | 6.86 | 6.73 | 7.08 | 6.18 | 0.855 times |
| 30 Fri Aug 2024 | 6.79 | 6.33 | 6.97 | 5.94 | 1.02 times |
| 31 Wed Jul 2024 | 6.34 | 5.99 | 6.42 | 5.66 | 1.326 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Summit Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Hotel ( (INN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Summit Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term and the buy signal is strong.
Summit Hotel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.9 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Hotel ( (INN) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Hotel ( (INN) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Summit Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term and the buy signal is strong.
Summit Hotel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.9 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.